412 S Somerville St Somerville, TN 38068
Estimated payment $1,563/month
Total Views
1,827
4
Beds
2
Baths
3,600-3,799
Sq Ft
$72
Price per Sq Ft
Highlights
- Traditional Architecture
- Main Floor Primary Bedroom
- Bonus Room
- Wood Flooring
- Separate Formal Living Room
- Den
About This Home
Two Homes for the Price of One! This unique income-producing property features two separate homes on one lot—perfect for investors or multi-generational living. Main House: Over 3,600 sq ft, offering 4 spacious bedrooms, 2 bathrooms, a large living room, den, and an extra-large bonus room for added flexibility. Back House: Approximately 1,100 sq ft with 2 bedrooms and 1 bathroom—ideal for rental income or extended family. Additional features include a carport, storage unit, and a generous backyard space. Tenant Occupied: The back house tenant pays on time. The main house tenant is prepaid through December. With low property taxes and reliable rental income, this is a fantastic opportunity for investors seeking solid cash flow. Don’t miss out!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $533
Year Built
- Built in 1951
Parking
- Driveway
Home Design
- Traditional Architecture
- Composition Shingle Roof
Interior Spaces
- 3,600-3,799 Sq Ft Home
- 3,684 Sq Ft Home
- 1.5-Story Property
- Separate Formal Living Room
- Breakfast Room
- Dining Room
- Den
- Bonus Room
- Wood Flooring
- Attic Access Panel
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- 2 Full Bathrooms
Additional Features
- Level Lot
- Central Heating and Cooling System
Community Details
- Somerville Subdivision
Listing and Financial Details
- Assessor Parcel Number 090C 090F E01800
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $533 | $45,125 | $6,200 | $38,925 |
| 2023 | $1,166 | $45,125 | $0 | $0 |
| 2022 | $850 | $45,125 | $6,200 | $38,925 |
| 2021 | $850 | $45,125 | $6,200 | $38,925 |
| 2020 | $875 | $45,125 | $6,200 | $38,925 |
| 2019 | $875 | $40,000 | $5,625 | $34,375 |
| 2018 | $875 | $40,000 | $5,625 | $34,375 |
| 2017 | $875 | $40,000 | $5,625 | $34,375 |
| 2016 | $875 | $37,750 | $5,625 | $32,125 |
| 2015 | $875 | $37,750 | $5,625 | $32,125 |
| 2014 | $875 | $37,750 | $5,625 | $32,125 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/10/2025 06/10/25 | Pending | -- | -- | -- |
| 06/06/2025 06/06/25 | For Sale | $275,000 | +64.7% | $76 / Sq Ft |
| 07/31/2023 07/31/23 | Sold | $167,000 | -9.7% | $49 / Sq Ft |
| 06/26/2023 06/26/23 | Pending | -- | -- | -- |
| 06/01/2023 06/01/23 | Price Changed | $185,000 | -7.5% | $54 / Sq Ft |
| 05/12/2023 05/12/23 | For Sale | $200,000 | -- | $59 / Sq Ft |
Source: Memphis Area Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $167,000 | None Listed On Document | |
| Warranty Deed | $135,500 | -- | |
| Warranty Deed | $89,500 | -- | |
| Warranty Deed | $76,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $310,000 | New Conventional | |
| Previous Owner | $72,000 | New Conventional | |
| Previous Owner | $30,000 | No Value Available |
Source: Public Records
Similar Homes in Somerville, TN
Source: Memphis Area Association of REALTORS®
MLS Number: 10198372
APN: 090C-E-018.00
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